Valuation: MACATAWA

Market Cap 51Cr 44Cr 41Cr 38Cr 71Cr 4.88TCr 72Cr 485.42Cr 190.24Cr 2.44TCr 191.19Cr 187.04Cr 8.13TCr P/E 2022
10.9x
P/E 2023 8.95x
Enterprise Value 8.97Cr 7.75Cr 7.29Cr 6.62Cr 12Cr 859.29Cr 13Cr 85Cr 34Cr 429.77Cr 34Cr 33Cr 1.43TCr EV / Sales 2022
-3.8x
EV / Sales 2023 -0.31x
Free-Float
97.04%
Yield 2022
2.9%
Yield 2023 2.93%
3 years 8.31
Extreme 8.31
15.16
5 years 6.96
Extreme 6.96
15.16
10 years 6.01
Extreme 6.01
15.16
Date Insider Type Main position Quantity % Market Cap.
01/08/24 Issuer sale

Director

1,23,724 0.3601%
01/08/24 Issuer sale

Director

12,702 0.0370%
01/08/24 Issuer sale

Chief Executive Officer

1,50,507 0.4380%
Change 5-day change 1-year change 3-year change Capi.($)
-0.87%-.--%-.--%+61.97% 51Cr
+0.63%+0.33%+24.60%+143.84% 96TCr
+0.53%+0.36%+34.04%+120.65% 45TCr
+1.44%+3.00%+25.43%+119.49% 38TCr
-1.07%-0.63%+61.14%+159.39% 36TCr
+1.23%+3.60%+17.57%+125.50% 31TCr
-1.28%+1.07%+57.24%+143.90% 30TCr
+1.60%+3.75%+23.01%+107.69% 27TCr
-0.16%-0.06%+12.86%+105.65% 26TCr
-3.83%-2.55%+56.00%+221.35% 26TCr
Average -0.20%+0.71%+31.19%+130.94% 35.39TCr
Weighted average by Cap. +0.09%+0.62%+33.01%+138.34%

Financials

2022 2023
Net sales 9.13Cr 7.88Cr 7.42Cr 6.74Cr 13Cr 874.68Cr 13Cr 87Cr 34Cr 437.47Cr 34Cr 34Cr 1.46TCr 11Cr 9.1Cr 8.56Cr 7.78Cr 15Cr 1.01TCr 15Cr 100.41Cr 39Cr 504.78Cr 40Cr 39Cr 1.68TCr
Net income 3.47Cr 3Cr 2.82Cr 2.57Cr 4.82Cr 332.77Cr 4.9Cr 33Cr 13Cr 166.43Cr 13Cr 13Cr 554.37Cr 4.32Cr 3.73Cr 3.51Cr 3.19Cr 6Cr 414.15Cr 6.09Cr 41Cr 16Cr 207.13Cr 16Cr 16Cr 689.93Cr
Net Debt -72Cr -63Cr -59Cr -54Cr -100.65Cr -6.94TCr -102.12Cr -690.66Cr -270.67Cr -3.47TCr -272.03Cr -266.12Cr -12TCr -42Cr -36Cr -34Cr -31Cr -58Cr -4.02TCr -59Cr -399.93Cr -156.73Cr -2.01TCr -157.52Cr -154.1Cr -6.7TCr
Logo MACATAWA
Macatawa Bank Corporation is a bank holding company of its subsidiary, Macatawa Bank (the Bank). The Bank offers a range of banking, retail and commercial lending, wealth management and e-commerce services to individuals, businesses and governmental entities. It operates a network of approximately 26 full-service branch offices providing a range of commercial and consumer banking and trust services in Kent County, Ottawa County, and northern Allegan County, Michigan. It offers loan products to business customers, including commercial and industrial and commercial real estate loans, construction and development loans, and multi-family and other non-residential real estate loans. It also offers loans products to retail customers, such as residential mortgage and consumer loans. It offers a range of deposit services, including checking accounts, savings accounts and time deposits of various types. It also offers trust services, which includes personal trust and retirement plan services.
Employees
314
Sector
Banks
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  2. Stocks
  3. MCBC Stock